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NFT Market's Wild Ride: Sales Dip but Activity Hikes!

📉 The NFT landscape has been a rollercoaster ride this past year, folks! While the sales numbers took a 63% plunge from the dizzying heights of 2022's $23.74 billion, they've nestled at a cozy $8.70 billion in 2023.

🚀 But it's not all downhill - the transaction count skyrocketed to 90.6 million! That's a leap over the previous year's 54.8 million. More NFT enthusiasts are joining the party - we've seen 4.16 million sellers and 4.97 million buyers mixing it up this year!

🔁 Surprising twists in the NFT marketplace: Bitcoin and Solana threw some punches at Ethereum's throne late in the year. November and December saw Bitcoin NFTs go through the roof, and hey, they've now snagged the fourth spot in sales!

🏆 Meanwhile, Axie Infinity holds onto the noscript belt despite challengers like Bored Ape Yacht Club (BAYC) and Cryptopunks. Though BAYC's floor value did a somersault from about $84K to $60K, they're still a heavyweight in the ring.

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Bitcoin Bounces Back: The Decline in ‘Death Calls’ Heralds a Robust 2023

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Fewer Doom Prophets: 2023 played out with a dramatic drop in Bitcoin's obituaries. Just eight naysayers announced BTC's demise on 99bitcoins, signaling one of the quietest years for crypto pessimism since the early days.

😲 Flip-Floppers & Critics: Among the critics was John Reed Stark of SEC fame and CNBC’s Jim Cramer, who’s since made a public U-turn on his stance. The list was sprinkled with high-profile names, from JPMorgan’s Jamie Dimon to controversy-magnet Chamath Palihapitiya.

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Expressing Doubt: Harvey Jones of Daily and Sunday Express made headlines, branding Bitcoin and its ilk as "a joke wrapped in a fraud." Yet, the market seems to disagree, moving unfazed by such claims.

🏦 The ETF Conundrum: Arthur Hayes warns of a Bitcoin future hampered by ETFs. The idea of a select few holding all BTC could spell disaster, predicting an eerie scenario for the pioneer cryptocurrency.

➡️ Since the Bitcoin Obituaries list started in 2010, it has chronicled 475 declarations of Bitcoin’s impending doom. Still, the big story isn't the number of obituaries but the persistent resilience and growing acceptance.

In conclusion, while Bitcoin's detractors have rung its death knell multiple times, the cryptocurrency seems to possess quite the fighting spirit. With 2023 demonstrating a notable decline in doomsaying, one might wager that BTC is far from ready to take a permanent dip in the digital pool. Indeed, as each 'death call' echoes and fades, Bitcoin's heartbeat only grows stronger, continuing to challenge skeptics and embrace its role in the financial world of tomorrow.

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🧨 Bitcoin's Battle Royale: Capping Data Transactions Sparks Fiery Developer Debate

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Bitcoin's Development Saga Continues! The latest controversy to rock the Bitcoin community revolves around a proposal noscriptd “datacarriersize: Match more datacarrying.” This bold initiative, introduced by developer Luke Dashjr, seeks to redefine how data transactions are handled by the Bitcoin protocol. Supporters argue it's a move to combat spam, but opponents see potential harm in restricting data-bearing transactions.

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Opinions Clash Over Implications! While some stood by the proposal, heavy hitters like Peter Todd emphasized the significant fee revenue miners garner from these transactions. Conversely, Chris Martl highlighted the burdensome costs for node operators, warning against the implications of such changes on the existing mempool economy.

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Core Values or Misguided Measures? Developer Pieter Wuille, a.k.a. "Sipa," rejected the proposal, asserting it's against the interests of software users. He stresses that ignoring transactions undermines predictability and doesn't eliminate the need for validation. "Choosing to not see them is burying your head in the sand," Wuille eloquently points out.

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Heated Debates Prompt Lockdown! The discourse became so intense that it took an unforeseen turn. Bitcoin maintainer Andrew Chow stepped in, halting the debate due to its unproductive stalemate. The vigorous back-and-forth was deemed too controversial to continue.

As the smoke clears, the Bitcoin community finds itself at a crossroads, reflecting on the passionate and varied thoughts on its direction. This debate may have ended without resolution, but it certainly leaves an unforgettable impression on Bitcoin's collective journey.

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🎉 *ETHEREUM OUTSHINES AS BITCOIN ETF FEVER SIMMERS DOWN*

📈 The big crypto buzz? The SEC nodded 'yes' to 11 Bitcoin ETFs! You'd think Bitcoin would go bonkers, right? Wrong. It's been six years since the Winklevoss twins faced a 'no-go' for their trust, and now the market's just...meh. TradingView's Bitcoin chart whispers a tale of unexpected chill vibes.

🕵️‍♂️ Crypto sleuths are on the case! Some say blame it on the boo-boos – like that oopsie tweet from SEC and a mix-up report by Cointelegraph. Others talk about the old classic, "buy the rumor, sell the news." Everyone saw it coming, so the surprise factor? Kaput.

🚀 But hello, Ethereum's on fire! Post-ETF-party, it blasted to a cool $2,527 per ETH. TradingView's Ethereum chart is practically grinning. The crypto crowd can't help but stare.

🔮 Future-gazing time: with Bitcoin ETFs done and dusted, are we eyeing an Ethereum ETF next? The vibes are shifting, investors are winking at Ethereum, and the market's playing it cool, mature, even.

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Last news: BTC ETF Approved!🚀

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📈

NFT Market: Wild Swings and Big Winners!

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The NFT universe is a rollercoaster of thrills, with sales hitting a gargantuan $311.31 million this week! Although we've seen a drop with 69.40% fewer buyers and 68.09% sellers, the digital canvas is still buzzing!

🌐 On the blockchain battlefield, Bitcoin NFTs are the titans with over $107 million in sales, despite a 19% dip. Meanwhile, Ethereum flexes its muscles with a 18.29% increase, and Polygon steals the spotlight- rocketing sales by 81.33%!

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Solana's feeling the blues, with a 19.47% decline, while Avalanche and Flow dance to a rise of 46.83% and 25.65%, respectively.

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Uncategorized Ordinals crown the week with a cool $22.68 million. Hot on its heels, Polygon's Gas Hero Common Hero NFTs explode with a 261% sales surge. And let's not forget the Bored Ape Yacht Club (BAYC), with a whopping 170% leap in sales!

💸 The NFT auction house was lit, with the “Lock Deal” from BNB chain fetching a hefty $452K. “Token Vesting Plans” from Polygon scored a smooth $299K, while a Cryptopunks #8,639 played it cool with a mere $240K hand-off.

🥳 The NFT space is a fiesta of digits and dollars, with networks like Arbitrum, Bitcoin, and Cardano bringing their A-game. Hold onto your pixels – it's a wild ride!

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Google Cloud Powers Up Flare Network Leading to FLR Price Boost!

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Google Cloud has hopped on board the Flare network train, and oh boy, the blockchain's got a new whistle! With Google validating transactions and pitching in with the Flare Time Series Oracle (FTSO), we're talking major league expansions in blockchain functionality.

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Hugo Philion is stoked! Google Cloud diving into the decentralized data pool? It's like finding treasure in your own backyard. This tag-team is setting the stage for some seriously smooth smart contract evolution.

🔧 Over at the Google Cloud corner, James Tromans is all about those scalable data access gains. He's on a mission to rocket blockchain utility into the stratosphere, and becoming a Flare validator is his spaceship.

📈 Post-newsflash, FLR's value went through the roof like it's on a sugar rush - we're talking a whopping 20% spike! At over $700 million market cap, FLR tokens are partying hard in the green zone.

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AI and Crypto: The Dynamic Duo Unveiling a Future of Growth and Privacy

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AI Meets Crypto: A match made in digital heaven! Grayscale's new study unleashes the exciting union of AI and cryptocurrency. Imagine a future with smarter privacy controls and a more decentralized power structure. It's not just sci-fi anymore!

⚡️ Skyrocketing Growth: You won't believe it! The four frontrunners in AI-adjacent crypto tokens (TAO, RNDR, AKT, WLD) have soared a staggering 522% in the past year. They're leaving traditional crypto sectors in the digital dust with only an 86% increase. Talk about outperforming!

🔥 Unlocking Potential: It's not just about profit; it's a glimpse into a future where AI and crypto join forces to tackle societal challenges. Grayscale's wizard researcher, Will Ogden Moore, spots this trend and signals it's time to pay attention. The digital writing is on the wall!

Remember, the future is here, and it's encrypted with opportunities! 🚀

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Pokémon: Unlikely Key in Coinbase's SEC Battle

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Unprecedented Argument: Pokémon's Ecosystem

Coinbase's Chief Legal Officer, Paul Grewal, has brought an unexpected example to the table in the exchange's ongoing clash with the SEC over the expanding definition of securities.

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A Deck of Cards with an Ecosystem? Pokémon Says Yes!

Grewal argues that Pokémon cards, the beloved Nintendo franchise, provide a fitting analogy to dispute the SEC's stance. In a recent blog post, he highlights the gaming phenomenon's evolution as an ecosystem unto itself.

🏰 Judge Failla's Skepticism Echoes Grewal

Backing Coinbase's unease, Judge Katherine Polk Failla expressed doubts about the SEC's foray into a broader definition that may encompass even collectibles. She is wary of painting everything with the security brush.

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Iterating on Nostalgia: Pokémon's Ever-Growing Universe

Grewal points to a fascinating article on Pokémon's journey, where each new game expands upon the ecosystem, making it more dynamic and appealing to players. This rings true for the tokens in question, insists Grewal.

As Coinbase and the SEC battle it out in court, Pokémon cards surprisingly emerge as a symbol of resistance against an SEC-wide net cast too wide.

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To the Moon! Avalanche Foundation Unveils the Meme Coin Masterplan

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Meme Coin Wishlist: The Inside Scoop on Eligibility Criteria

In an exciting move for crypto enthusiasts, the Avalanche Foundation spills the beans on the much-awaited eligibility guidelines for meme coins eyeing a piece of the $100 million Culture Catalyst fund. Get ready for this meme coin expedition with your bags packed full of uniqueness and value!

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Hold On! Minnows in Charge: Diversification Made Cool

This grand meme coin adventure comes with a twist - the foundation wants the little guys to shine! Projects must have at least 2,000 individual holders, with whales reeled in at less than 60% of the supply. It's all about sharing the meme wealth and giving power to the community!

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Liquidity Is Key: Splash into the Market!

The foundation won't dip toes into shallow pools! For a meme coin to make a big splash, they’ve set the liquidity bar high: projects need at least $200,000 pooled in, with 50 liquidity providers, or a clever burn strategy that proves those tokens are scarce as El Dorado gold!

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Digital Natives Take Center Stage: Born and Bred on AVAX

It's a local affair on the Avalanche ecosystem with meme coins that are AVAX through and through. This digital kinship is a must for eligibility, ensuring a seamless experience for all Degen Meme astronauts aboard the AVAX rocket.

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Standing Out in the Meme-Stream: The Market Cap Maverick

To make waves in the meme-verse, the project should have a fully diluted market cap reaching for the stars at over $1 million. The trading volume should also prove it's not just a meme in name, hitting the minimum of $100,000 over a two-week period on DEXes. Oh, the memes they shall fly!

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Vanguard Takes a Stand: No Bitcoin ETFs for You!

📉 Vanguard, the investment giant with $8 trillion under management, has made its stance on crypto crystal clear. In a recent blog post, they explained why they won't be hopping on the bitcoin ETF bandwagon.

🛑 Despite the recent green light from the SEC for 11 new bitcoin ETFs, Vanguard is keeping its distance. Janel Jackson, Vanguard's global head of ETF Capital Markets, isn't convinced that crypto is more than just a speculative gamble.

💼 Jackson highlights the key differences between traditional investments and crypto, pointing out that while stocks and bonds have tangible value and generate income, bitcoin lacks these fundamental qualities.

🌐 However, Vanguard isn't completely dismissing the technology behind crypto. They're keeping an eye on blockchain's potential, exploring ways to make capital markets more efficient.

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So, what about a Vanguard-branded bitcoin ETF? Don't hold your breath. Jackson asserts that until crypto proves its worth in the long run, it won't find a place in their carefully curated portfolio offerings.

📈When it comes to investment choices, Vanguard takes a meticulous approach. They prioritize enduring value and meeting their clients' needs. For now, it seems bitcoin isn't passing their rigorous evaluation process.

In a world where crypto is making headlines daily, Vanguard remains steadfast in its belief that this digital darling isn't quite ready for prime time.

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SEC Backtracks on Debt Box Lawsuit, Facing Accuracy Issues in Court

🔍 The U.S. Securities and Exchange Commission (SEC) is withdrawing its legal battle against crypto firm Debt Box, after admitting to inaccurate statements made during the case.

💼 Initially targeting Digital Licensing Inc., operating as Debt Box, the SEC accused the company of defrauding investors of $49 million by offering unmined "node licenses." This was part of Chair Gary Gensler's broader crackdown on crypto, asserting most are securities.

⚖️ However, things took a twist when Judge Robert Shelby criticized the SEC's lawyers for misleading claims and demanded explanations. The agency had alleged an asset transfer overseas to dodge U.S. jurisdiction, which the judge found misrepresented.

📜 In response to the court's order, the SEC filed a statement acknowledging its shortcomings but argued against sanctions, opting instead to dismiss the lawsuit without prejudice.

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The SEC's move has raised eyebrows in legal and financial circles, given its tough stance on crypto regulation. Debt Box's legal team fired back, calling out the agency for getting it "badly wrong" and pushing a false narrative.

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While the SEC has remained tight-lipped beyond its filings, this development leaves room for speculation about future actions in the ever-evolving world of cryptocurrency regulation.

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Bitcoin Halving: The Rocket Fuel for BTC at $240,000?

🔮 Scott Melker, the renowned "Wolf of All Streets," has shared his insights on the upcoming bitcoin halving in April 2024. In an article by The Street, he explains why this event could be a game-changer, potentially catapulting the price of bitcoin to a staggering $240,000.

⛏ When the mining of 840,000 blocks is reached, the reward per block will be slashed from 6.25 to 3.125 bitcoin. As Melker puts it, this means the new supply is cut in half, making it tougher for miners to profit from their efforts.

📈 Drawing from the previous halving cycle's success, where bitcoin surged from $20,000 to $69,000 (a whopping 250.86% appreciation), Melker suggests that if history repeats itself, we could see bitcoin hitting that eye-popping $240,000 mark.

💡 While some may dismiss these figures as mere hyperbole, Melker stands firm in his belief that if something's not broken, there's no need to fix it. He's betting on bitcoin's continued rise and wouldn't be surprised to witness it surpassing $200,000.

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Melker isn't alone in his optimism. Industry heavyweights like Anthony Scaramucci and Tim Draper have also made bold predictions of $170,000 and $250,000 respectively. It seems more and more experts are envisioning a future where people lose interest in traditional currencies like the U.S. dollar.

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Beijing Cracks Down on Crypto Miners in Green Push

🏭 In a bid to bolster energy conservation, Beijing is turning its attention to cryptocurrency mining. The Chinese capital has unveiled a fresh set of policies aimed at curbing carbon emissions and promoting green energy.

⛏ Among the sectors facing scrutiny are construction, transportation, industry, information technology, and crypto mining. Beijing vows to clamp down on virtual currency activities and ensure a clean slate for the city.

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This move aligns with China's broader stance on cryptocurrencies. Last year, the country banned all forms of crypto mining and trading, citing environmental concerns.

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However, reports suggest that some Chinese miners are still in operation, contributing 21% of the global network's computing power. The US leads the pack with 38%.

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Additionally, Beijing plans to inspect energy-consuming units to crack down on illegal energy use. Industries flouting conservation norms could face penalties as the city strives for an eco-friendly future.

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Solana's Swift Recovery Ignites Bullish Sentiment: SOL Price Eyes $170 Rally

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Outage Turnaround: Solana (SOL) faced a major hiccup, but the development team's prompt response with an upgrade and restart restored functionality. The incident surprisingly acted as a catalyst, with SOL/BTC surging by 4.5% in the last 36 hours.

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DeFi Dominance: Solana (SOL) outshines Arbitrum and Ethereum in DeFi volumes, boasting a market share of over 26% in January. The upcoming Jupiter airdrop is expected to further fuel DeFi activity, potentially pushing SOL toward the $120 mark.

💹 Inflation vs. Demand: While Solana (SOL) has an inflation rate ranging from 5.5% to 20.35%, the network's increasing utility and demand act as strong counterweights, suggesting that market sentiment could outweigh inflationary pressures.

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Bullish Breakout Potential: With Solana's (SOL) recovery, DeFi dominance, and the buzz around Jupiter, there's a bullish outlook. If SOL manages to break the $110 resistance level, brace yourself for a potential rally toward the impressive $170 milestone.

Keep an eye on Solana (SOL) as it continues to make waves in the crypto seas, navigating challenges with resilience and emerging stronger than ever before.

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🐉 The next MASSIVE #SOL #Memecoin is HERE

Here’s all you need to know ⬇️

🐉 Project Name: SMOG
✅ Ticker Name: $SMOG
🔗 Total Supply: 1,400,000,000
⛓ Contract Address: FS66v5XYtJAFo14LiPz5HT93EUMAHmYipCfQhLpU4ss8
🚀 Launch Price - $0.001419
💸 Current Price - $0.032536
📣 Token Holders- 14,606
📈 Last 24H: +159.3%
🔗 Chain: Solana
💰 MarketCap: $45,348,475
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Bitcoin Rockets Past $49K, Targets $50K Amid Global Trading Frenzy

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In a whirlwind of trading activity, bitcoin (BTC) has surged by an impressive 16.7% since January 12, 2024. The digital currency crossed the $49K milestone and briefly flirted with $50,000 on Bitstamp, causing quite a stir in the market.

💥 Within just an hour, $25.57 million worth of BTC short positions were wiped out as the price skyrocketed. Bitcoin's market cap now stands at around $979 billion, commanding over half of the entire crypto market.

🌏 While bitcoin is making waves globally, it's making an even bigger splash in South Korea, where it's trading at a premium price of $50,665 on Bithumb. Upbit and Korbit are also mirroring these elevated rates, signaling strong demand.

⏰ It's been over 800 days since bitcoin reached these heights, with only a brief tease at $49K in January. Despite being 28.3% away from its peak at $69K, BTC's current value of $49,856 is still a far cry from last year's range of $21,500 to $22,500.

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As the tenth most valuable asset worldwide by market cap, bitcoin continues to chase after Meta's staggering valuation of $1.212 trillion. With all eyes on the charts, traders and enthusiasts eagerly await what lies ahead for this digital gold rush.

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Waterfall is the most decentralized BlockDAG protocol currently available 🚀

🔑 Key Features:

📌 This decentralized platform has the potential to attract much more validators than other protocols.
📌 Minimal hardware requirements: Dual-Core CPU, 4GB RAM (your cellphone has 2-4 times more than that).
📌 High performance and scalability, thanks to parallelism in BlockDAG compared or even higher potentially that the most scalable currently popular protocols
📌 Compatible with EVM and Ethereum API.

The team includes senior people who were successfully building the ecosystem for Ethereum and those who were successfully competing against it:

Ron Resnick is the CEO of the company-developer of Waterfall, is also a former Executive Director of Enterprise Ethereum Alliance and a former Investment Director of Intel Capital.

Jeff McDonald is the Director at the Board of Directors for Swiss Association, is also a Former Co-Founder of Nem, which used to be in Top-5 and for a short time in Top-3 right after Ethereum.

The Chairman of Board of Swiss Association is Richard Wang, who is also General Partner at Draper Dragon Fund.

R&D team has been rigorously testing technology since 2021.

More than 275 Workers(block producers) on the TestNet are owned by the developers and future users of Waterfall.

On the first day after the new TestNet announcement, 115 Workers connected and more than 450 000 transactions were processed.

On January the 2nd more than 650 000 transactions was successfully processed.

Find out more details in their communities:
https://news.1rj.ru/str/waterfall_network
https://twitter.com/waterfall_dag
https://discord.gg/Nwb8aR2XvR

18.9K views11:03

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Rockwallet to the Rescue: Adopting Wyre's Customers Amid Shutdown

🤝 In a move that spells relief for Wyre users, Rockwallet has swooped in to acquire the defunct company's entire customer base. After Wyre's abrupt exit in June 2023, which was preceded by a series of withdrawal guideline changes, Rockwallet emerged as the knight in shining armor.

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Unfavorable market dynamics dealt a blow to Wyre, leading to its ultimate demise. The fallout wasn't limited to just Wyre; even collectibles giant Topps felt the impact as they relied on Wyre's services.

📨 Rockwallet wasted no time in reaching out to Bitcoin.com News, revealing their plan to make the transition seamless. Wyre customers can expect direct communication from their former provider, complete with login details and instructions on how to reactivate their accounts on Rockwallet's platform.

🌐 Rockwallet's allure lies not only in its user-friendly interface but also in its wide accessibility across most U.S. states. The self-custodial wallet is ready to welcome and serve Wyre's clientele with open arms.

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Reflecting on Wyre's legacy, Steve Bailey, the co-founder and COO of Rockwallet, acknowledged the pioneering strides made by the fallen giant. He expressed gratitude for the chance to step up and continue the crypto journey for those left stranded.

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It wasn't long ago that Bolt had its sights set on acquiring Wyre, but plans fell through in September 2022. Despite this setback, Bolt remains committed to maintaining ties with Wyre, albeit without sealing the deal.

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